Financials
Financial year 2025
Horatius Capital Partners from Kortrijk, company number BE0471448704, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year Horatius Capital Partners recorded a gross margin of € 1.3 million and equity of € 25.4 million. Compared with financial year 2024, the result moved from € -595,653 to € 1.3 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 25.4 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ still € 595,653 loss in 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 284% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5.1 million.
Debts at end 2025
€ 4.2 million
▲ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 29,165
▲ € 27,055 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -150,350 | € -597,218 | € -570,702 | € 1,265,652 | ▲ € 1.8 million |
| Profit after taxes | € -182,523 | € -538,963 | € -595,653 | € 1,330,812 | ▲ € 1.9 million |
| Equity | € 23,366,566 | € 22,827,603 | € 21,078,826 | € 25,359,638 | ▲ 20% |
| Total debts | € 541 | € 767,144 | € 3,990,414 | € 5,215,294 | ▲ 31% |
| Cash | € 747,203 | € 307,560 | € 424,382 | € 1,629,446 | ▲ 284% |
| Retained profit | € 4,926,189 | € 4,387,226 | € 3,791,573 | € 5,122,385 | ▲ 35% |
| Bank debt | € 0 | € 0 | € 3,988,304 | € 4,186,129 | ▲ 5% |
| Balance sheet total | € 23,367,107 | € 23,594,747 | € 25,069,240 | € 30,574,932 | ▲ 22% |
Key figures of Horatius Capital Partners, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to Horatius Capital Partners?
What happened at Horatius Capital Partners in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.3 million. Source: NBB ↗
- Ranylux & Cie SCS stepped down as director. NBB
- Mage Lux Management SRL stepped down as director. NBB
- Johan Speecke became a director. NBB
- Ranylux & Cie SCS became a director. NBB
- Mage Lux Management SRL became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 182,523 loss in 2022 to € 1.3 million profit in 2025.
Paid € 7 in corporate taxes since 2022.
Best year ever: 2025, with € 1.3 million profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Horatius Capital Partners are J. Hemelaere & Cie SCS BO and Johan Speecke. It owns 100% of LL-Invest Société Commandite simple itself.
Directors
According to the 2025 annual accounts
J. Hemelaere & Cie SCS BO
Administrator-manager · represented by Johan Hemelaere
since 2022
Ranylux & Cie SCS
Director · represented by Lana Hemelaere
since 2022 · until 2025
Mage Lux Management SRL
Director · represented by Geert Verdruye
since 2022 · until 2025
Establishments
Establishment units
Physical locations of this company
O.-L.-Vrouwestraat(Kor) 40
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →MEHAIGNE
€ 30,274 gross margin · 2025
CONSCIENCE
€ 83,820 gross margin · 2025
Agri-LL-Invest
€ 545,713 gross margin · 2025
A&M
RE:THRIVE
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.448.704
- VAT number
- BE 0471.448.704
- Registered office
- O.-L.-Vrouwestraat(Kor) 40, 8500 Kortrijk
- Names & denominations
- Horatius Capital Partners
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2000
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
Activiteiten van holdings
Holdings